BRA Approves 30-Story Residential Tower In Fenway
The Boston Redevelopment Authority gave the go-ahead to nearly a half-billion dollars worth of new development including Samuels & Assoc.’s 30-story residential tower in the Fenway.
Codman Academy Receives MassDev Bonds To Add Elementary, Middle School Facilities
Codman Academy is adding an elementary and middle school near its charter public high school in Dorchester with proceeds from MassDevelopment bonds.
Nashoba Learning Group Acquires Billerica Property
Nashoba Learning Group Inc., which serves individuals with autism, has acquired 170 Lexington Road in Billerica for $3 million.
Trillium Brewing Co. Opens Second Location
Boston-based brewery Trillium Brewing Co. has opened a second location in Canton.
Sleepy’s Leases Space Near North Station
Mattress retailer Sleepy’s has signed a lease for 3,454 square feet of space at 151 Merrimack St. in Boston.
Westborough Apartment Complex Sold For $63.5M
Waltham-based DSF Group has purchased the 280-unit Flanders Hill apartment complex in Westborough for $63.5 million from Dallas-based Invesco.
Developer Proposes 76-Unit Residential Complex In Egleston Square
A development partnership has filed plans to build a 76-unit multifamily complex at 3200 Washington St. in Boston’s Jamaica Plain neighborhood.
Cambridge Multifamily Sale Sets High-Water Mark
Zurich Alternative Asset Management has acquired The Wyeth, a three-building luxury apartment complex in North Cambridge, from Boston-based developer Broder Properties for $39 million.
Integrated Builders Completes Cohasset Senior Center Project
Rockland-based Integrated Builders has completed construction of the new Cohasset Senior Center at 91 Sohier St.
MIT Announces Professional Certificate In Real Estate
MIT will begin offering a professional certificate in real estate this summer.
Fantini & Gorga Arranges $7M Financing For Roxbury Portfolio
Boston-based Fantini & Gorga has arranged $7 million in permanent financing for a three-site, mixed-use portfolio in Roxbury.
YMCA Southcoast Using $12.4M MassDev Bond For New Swansea Branch
YMCA Southcoast will acquire and renovate a property in Swansea to house a new branch, using a $12.4 million tax-exempt MassDevelopment bond.
Stoneham Building Sells For $700K
TKD Trust has purchased an industrial building in downtown Stoneham.
Modular Construction Could Address Region’s Housing Shortage
Contractors are convinced modular construction may be a future key to building enough affordable housing – particularly multifamily housing – to satisfy the growing demand for all types of residential units in the Boston market.
Seeking Low-Risk Investments In The Industrial Sector
Bill Manley started out in the real estate business as an appraiser before founding his own company, New England Commercial Realty Advisors, in 1991. Manley went on to found Hudson-based Calare Properties, which has organized five private equity funds and acquired $650 million in industrial properties.
The Devil’s In The Details
Real estate owners are familiar with March 15 and April 15 deadlines for filing income tax returns, but owners of large projects in Boston also must schedule May 15 as an important deadline.
Can You Keep It Down?
With intimate views of I-93 ramps, commuter rail switchyards and the Boston Sand & Gravel plant, the $125-million headquarters of EF Education First at first looks like a prime candidate for noise-abating building designs.
Teamwork Key To Swift Delivery Of CDM Smith’s New Headquarters
Innovation in construction usually calls to mind design technology and advanced building materials. In a tight real estate market where efficiency in all its forms is paramount, close collaboration between the architect, consultants and the general contractor can make for an innovative and seamless construction process.
Technology Is Paramount To Sustainable Design Process
Renovating, rehabilitating and building new Class A office space presents many exciting opportunities for innovative and sustainable design solutions that push the boundaries of available technology.
Amateur Hour
Just what is it about Boston that keeps attracting wealthy travel company chiefs and parking lot moguls with dreams of building the city’s next mega project, all of whom have about as much development experience as my Lego-obsessed 11-year-old?
This Week’s Newspaper
